Reconnaissance Energy (Africa) Ltd V.RECO

Smells like another BRE-X

[Oilto100]

No one in the oilpatch does exploroation this way.  Shoot seismic first.  Drill on the seismic then do a production test.  Total scam stock.

[TurnToTheRight]

I'm sorry, what oil patch are you talking about. Because if it's in North America, most of the fields and formations have been substantially delineated prior to your birth, in which case I would be more apt to agree with you prior post. Also, would you say that all those oil and gas companies started via a WILDCAT WELL were scams. You know, a wildcat well were you drill blind (not even

[Oilto100]

Been involved in real exploration world wide for 40 years.  Run, sell you've been warned.

[TurnToTheRight]

Ok, I'll bight. What world wide exploration have you been involved in, you can give me country or field and of course the target formation. That won't disclose which company you worked for, but would definitely give me a bit of an idea of how credible you are. See, it's the formation that frauds generally struggle with, but if you're legit than you can easily ramble off the

[Oilto100]

Hibernia, Avalon, Kirkuk, Montney, Duvernay, Eagleford lol, shall I go on..  Sell.  

[TurnToTheRight]

Funny thing, I've worked on wells in duvernay, montney, eagle ford, permian, etc as well (so all throughout North America, as well as the Middle East). Those aren't exploration type operations, they were delineated decades ago, so your initial post doesn't make sense. In all of the fields you listed you would absolutely shoot seismic first because the publicly available info allows you

[fredo1]

You are wrong. Recaf has drilled only stratigraphic wells, not exploration wells. Seismic follow up will, along with downhole info from the strat tests, determine the location for the FIRST exploration wells. Ghawar field in Saudi Arabia was found without seismic as was Spindletop. The company is doing everything in an acceptable and careful manner for a virgin basin. In my opinion, the stock is

[AUborealis]

  Oilto100  Member Since: August 09, 2021 I.e. Another Anson shill...Ignore